Good comparison Buying vs: Renting

[john_stamos]

I REALIZE THAT.. BUT YO ARE INFORMED OF ALL THAT PRIOR TO CLOSING ON AN YLOAN.. ITSN OT LIKE THAT IS A SURPRISE TO ANYONE... ITS ALL ABOUT PICKING AHOME YOU CAN AFFORD..

[civic95]

I REALIZE THAT.. BUT YO ARE INFORMED OF ALL THAT PRIOR TO CLOSING ON AN YLOAN.. ITSN OT LIKE THAT IS A SURPRISE TO ANYONE... ITS ALL ABOUT PICKING AHOME YOU CAN AFFORD..

This is mearly an example man, of course the #'s will differ with the loan amount. But 200K is an average price. I never said you can't buy a $130K house, cause I did myself. And your business is miss leading. I hear advertisements all the time, get a $200K loan for $800 a month. But they are not telling you this is intrest only, or a low intrest loan for 5 yrs and then the APR goes way up, and they don't show all the other factors like (insurance, PMI, Taxes, etc). I've talked to too many people that think if they spend $10K in intrest they will get it all back in taxes (which is not true). This is very informative, if you took the time to read it, maybe you'd understand.